What is the procedure for opening an account with a DP?
A8. An investor needs to fill an account opening form for opening a demat account. The agreement provides details about the rights and duties of investors and DPs. Along with the account opening form, investors have to submit the following documents: Proof of Identity: Investors signature and photograph must be authenticated by an existing demat account holder with the same DP or by your bank. Alternatively, investors can submit a copy of Passport, Voters Id Card, Driving License or PAN card with photograph. Proof of Address: Investors also have to submit a copy of Passport, Voters Id Card, Driving License or PAN card with photograph, ration card or bank passbook as proof of address. Passport-size photograph. The investor has to carry all original documents to the DP for verification and should obtain a copy of the agreement and schedule of charges for future reference. Q9. How many accounts can an investor open with the same DP? A9. An investor is not bound by any restrictions and can
